8869 PMETAL, PRESS METAL BHD \ - \ + \ Additional Listing Announcement 13 Dec 2017, 14:12 Additional Listing Announcement 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Conversion of Warrants C 2011-2019 to ordinary shares No. of shares issued under this corporate proposal : 7,637,700 Issue price per share ($$) : 0.3900 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 3,832,413,880 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 981,919,354.050 Listing Date : 14/12/2017 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Dont worry healthy correction at Fibonacci 61.8%. Make your own judgment dont simply follow rumor or idiot people negative comment here. KLSE component attract institution to invest this stock.. buy an uptrend stock..pls check your self 10 year historical price.
For technical analysis can hold. but depend your trading/ invest plan... price still above EMA 50, next resistant 5.20 strong support 4.56,stochastic oversold. Current price at fibo 61.8%
Why worry , Press Metal really can make it . Just be patience , this week can't make it wait for next week . Sometimes prediction can missed a bit ( lari sedikit ) and not 100% correct one . If your holding is long term do not worry unless your holding is short term . Press Metal won't take you to " Holland " believe me and keep on follow up with the company's CEO . Terima kasih banyak-banyak kepada Pmetal sebab kaunter ini memang boleh dan tetap boleh . Saya satu lot pun masih belum jual lagi .
For those who are worry about PM, i suggest just sell yr share n buy other stock.. Bcoz this counter for me is uptrande n i belive its will alway fly n fly...n i belive next yr PM price will be more thn rm8..perunit..
Get a copy of FocusM weekly financial magazine , see cover news , page 10 & 18 on Pmetal's n TS Paul Koon's achievements . Cheers to the accolade which you truly deserved TS Paul Koon .
By believing in Press Metal , you will be rewarded with $ silently . Terima kasih Press Metal banyak-banyak . Sabar menunggu $ . Press Metal memang boleh dan tetap boleh . GONG XI FAI CAI 2018 sudah dekat-dekat nak sampai kena buat keputusan dengan pantas sebelum ia terlambat . Press Metal memang boleh dan tetap boleh .
PMETAL closed gap up at RM4.98. Next Monday (15/12/2017), PMETAL can be seen in FBMKLCI list of stocks. PMETAL, please don't be shy as a new member. Please continue to charge back to RM5.20.
8wpwtmt8 2 days ago when pmetal down, you were being very negative, now 2 days later when pmetal show upside, you become it’s happy supporter. I am extremely amused with your extreme 180 flip flop. For all investors, please learn to be patient, I once again stress stocks is not gambling, don’t go crazy when there is a bit of volatility.
(1) "Making the Top 30" is on the cover page of the Edge Weekly.
"After three decades of hard work, Press Metal Aluminium Holdings Bhd looks set to become a top 30 company on Bursa Malaysia. However, the largest Southeast Asia aluminium player is not resting on its laurels."
(2) Aluminium price recovers further to US$2063.75 (up US$18.75).
Factory capacity already max out, pe at 32x now. Current price already factor in all these? Too late for new comer? Anyway still a strong fundamental klse top 30 stock..suitable for long term holding for dividen yield mayb?
Does not work like that , full capacity and then would be optimization of the capacity utilization , earnings stability would even fetch higher price because investors willing to pay for stability of earnings..
Waiting for good announcement to stimulate Press Metal ? Keep on waiting and don't give up easily because Press Metal really can make it . Press Metal memang boleh dan tetap boleh .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mohd Fahmi Bin Jaes
29,215 posts
Posted by Mohd Fahmi Bin Jaes > 2017-12-13 14:21 | Report Abuse
8869 PMETAL, PRESS METAL BHD \ - \ + \
Additional Listing Announcement
13 Dec 2017, 14:12
Additional Listing Announcement
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Exercise of Warrants
Details of corporate proposal : Conversion of Warrants C 2011-2019 to ordinary
shares
No. of shares issued under this corporate proposal : 7,637,700
Issue price per share ($$) : 0.3900
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 3,832,413,880
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 981,919,354.050
Listing Date : 14/12/2017
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com